Immucor official resigns CEO role amid investigation

Article Abstract:

Giaocchino De Chirico has resigned from his post as chief executive officer at the Italian subsidiary of U.S.-based medical equipment company Immucor Inc. Both De Chirico and the subsidiary are currently under investigation in Italy for illegal business dealings involving cash payments made to a physician and a hospital administrator in exchange for contract rewards.

United States, Legal issues & crime, Foreign operations, Medical Instruments and Supplies, Medical Equipment and Supplies Manufacturing, Parent-to-subsidiary activities, Subsidiary-to-parent activities, Business Ethics, Medical Instruments & Supplies, Company legal issue, Investigations, Medical equipment and supplies industry, Medical equipment industry, Subsidiaries, divisions and units, De Chirico, Gioacchino, Immucor Inc., BLUD

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Draghi is named Chief of Italy's Central Bank

Article Abstract:

Mario Draghi has been appointed governor of the Bank of Italy by Prime Minister Silvio Berlusconi. The appointment is to bring credibility back to the central bank. It is expected that Mr. Draghi will support the European Union policy on cross-border banking acquisitions.

Personnel administration, Human resource management, Political aspects, Biography, Governors, Company personnel management, Personality profile, Berlusconi, Silvio, Italy. Bank of Italy, Draghi, Mario

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Hera faces good timing for IPO

Article Abstract:

Hera S.p.A. is planning to launch an initial public offering amidst industry consolidation. The company hopes to raise 1.1 billion from the offering, which is scheduled for late June 2003.

Regulation and Administration of Communications, Electric, Gas, and Other Utilities, Financial management, Utilities Programs-Total Govt, Finance, Public utilities, Going public (Securities), Initial public offerings, Company public offering, Company financing, Hera

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